COST ANALYSIS: Peugeot 308
Date:
03 February 2014
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Author:
Premium Rival: Volvo V40
The V40 is something of a contradiction of a car.
It's the most expensive, has the highest SMR and highest insurance cost, joint-shortest service intervals and a basic warranty.
But it's also the most efficient here by a margin, and has the best residual value, but still manages to lose the most money over three years and 60,000 miles due to having the highest P11D price.
Throw in that it's the slowest and has the smallest boot, but counters that with a cabin that's comfortable and offers very good quality, plus the Volvo brand and the V40's good looks, and it makes the baby Swede the Marmite car of this bunch of five.
The good: Best residual value, emissions and fuel economy
The bad: Most expensive, highest SMR, highest depreciation
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£13,640/38.2%
RV just beats the VW, but it still loses the most money
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£4526
Most efficient car of the five, 4.6mpg above the next best
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£2023
Highest SMR cost by a margin - over £400 above any rival
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Budget Rival: Kia Ceed
Kia has come a long way in a short period, and the Ceed is another example of that, now competing in many ways on a level playing field with more traditional mainstream brands.
This model is the most powerful but slowest to 62mph, and is in the highest benefit-in-kind band, of the cars here, but claims back plenty of points with the excellent seven-year/100,000-mile warranty and 20,000-mile service intervals.
Insurance costs are the lowest in this group alongside the?Golf, and only the Peugeot loses less in monetary terms on depreciation, despite the residual value handicap compared with the other models analysed here.
The good: Lowest P11D, long service intervals, great warranty
The bad: Highest BIK?band, lowest RV, least efficient
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£12,790/29.9%
The only one not to break 30% for residual values - just
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£5063
Joint worst for fuel economy despite 74.3mpg figure
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£1589
Surprisingly, the Kia's SMR cost beats only the Volvo
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Left-field Rival: Honda Civic
The 120hp engine in the Civic, and more recently also in the?CR-V off-roader, has finally given Honda something to talk seriously to fleets about.
Sitting in the lowest 13% benefit-in-kind band for a diesel, the 94g/km?Civic has the smallest monthly BIK payments of the five here, and also offers the largest boot (although the 308 runs it very close), and it's the car here with the highest top speed.
Service intervals could be longer, although it matches the Volvo in that regard, while the warranty is more generous than all bar the Kia, thanks to it running to a 90,000-mile limit rather than the 60,000 miles offered by VW, Volvo and Peugeot.
The good: Lowest BIK payments, largest boot, fastest
The bad: Short service intervals, widest turning circle
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£12,995/33.4%
RV is a touch behind the 308 and well off VW and Volvo
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£4792
Can't match the Volvo for efficiency, but is second best
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£1413
Bang in the middle of the five cars here for servicing cost
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